JPMorgan’s First Taiwan ETF in Over Decade Faces Crowded Market

JPMorgan Asset Management is issuing its first Taiwan-focused wealth management product in more than a decade, joining global rivals rushing into one of Asia’s hottest exchange-traded funds markets.

The US asset manager said on Wednesday that it will adopt an active investment approach, selecting cash equities and index options for its ETF. Taiwan’s $260 billion ETF market boasts the highest retail participation in Asia.